| SMH latest price $150.6700 (-0.41%) ($150.6700 - $150.6700) on Fri. Feb. 14, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.41% (three month average) |
RSI | 64 |
Latest Price | $150.6700(-0.41%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SMH advances 1% a day on average for past five trading days. |
Weekly Trend | SMH advances 2.7% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SMH advance at 0% a week (0% probability) FIVG(74%) QQQ(73%) IVW(71%) IWF(71%) SPY(68%) |
Factors Impacting SMH price | SMH will decline at least -0.705% in a week (0% probabilities). VIXM(-45%) VXX(-21%) UUP(-11%) TLT(-6%) SHY(3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.705% (StdDev 1.41%) |
Hourly BBV | -1.1 () |
Intraday Trend | 0% |
| |
|
|